No photo available
Details - Information last confirmed on May 18, 2021
Qualified buyers will love to buy this 66% gross margin branded OEM fluid control products manufacturer. The owner is at retirement age and seeks a strong strategic buyer with excellent sales, marketing and distribution that would benefit from Hydra’s strong brand, recurring customers and distribution and rep channels. The Company’s consistent revenues and strong margins will tick upward in 2021 as a result of added sales resources. The Company is budgeting $6.4M in revs for 2021 with $2.55M EBITDA. Through April, the company is slightly ahead of this budget.
The company leases facilities from an independent third-party landlord. Should a strategic buyer want to relocate the operation into their existing footprint, they should allocate about 12,000 s.f. for Hydra’s operation.
In Hydra’s tenure, it has consistently grown slowly over the years with 2021 benefitting from added sales resources in 2020 that are paying off today.
The Company has some competitors globally. It boasts high margins and competitive pricing. Today, the Company believes the annual market for its products are between $100M and $150M annually. With a strategic buyer with strong sales and marketing resources, it believes it can dramatically increase its market share above 15%.
There are strong key managers within the company in sales, marketing and operations. The owner will support a 1-2 year transition, however ideal buyers will know the industry and not need significant period of seller support.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.